Vistra Corp. (NYSE:VST) Shares Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC raised its stake in Vistra Corp. (NYSE:VST - Free Report) by 184.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,900 shares of the company's stock after acquiring an additional 6,422 shares during the quarter. Kingsview Wealth Management LLC's holdings in Vistra were worth $1,163,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Dynasty Wealth Management LLC increased its stake in Vistra by 4.9% in the first quarter. Dynasty Wealth Management LLC now owns 2,266 shares of the company's stock valued at $266,000 after acquiring an additional 105 shares during the last quarter. Burns Matteson Capital Management LLC raised its holdings in shares of Vistra by 35.8% in the 1st quarter. Burns Matteson Capital Management LLC now owns 2,176 shares of the company's stock worth $256,000 after acquiring an additional 574 shares during the last quarter. Bridgewater Advisors Inc. bought a new stake in Vistra in the 1st quarter worth about $216,000. Kornitzer Capital Management Inc. KS grew its position in shares of Vistra by 9.1% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 175,255 shares of the company's stock valued at $20,582,000 after acquiring an additional 14,582 shares during the period. Finally, Larson Financial Group LLC lifted its stake in Vistra by 192.1% in the 1st quarter. Larson Financial Group LLC now owns 736 shares of the company's stock worth $86,000 after purchasing an additional 484 shares in the last quarter. 90.88% of the stock is owned by institutional investors.

Vistra Stock Performance

VST stock traded down $2.22 during trading on Thursday, reaching $197.90. The company had a trading volume of 1,691,385 shares, compared to its average volume of 7,441,154. The firm has a 50-day simple moving average of $177.90 and a 200-day simple moving average of $153.47. The company has a market cap of $67.15 billion, a price-to-earnings ratio of 31.12, a price-to-earnings-growth ratio of 2.23 and a beta of 1.26. The company has a debt-to-equity ratio of 6.53, a quick ratio of 0.77 and a current ratio of 0.86. Vistra Corp. has a twelve month low of $66.50 and a twelve month high of $207.12.

Vistra Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Wednesday, June 18th were paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 0.45%. This is a boost from Vistra's previous quarterly dividend of $0.22. The ex-dividend date was Wednesday, June 18th. Vistra's payout ratio is presently 14.15%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VST. UBS Group boosted their price target on shares of Vistra from $160.00 to $207.00 and gave the company a "buy" rating in a research report on Tuesday, June 17th. JPMorgan Chase & Co. reduced their price objective on shares of Vistra from $203.00 to $186.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Morgan Stanley increased their price objective on shares of Vistra from $178.00 to $186.00 and gave the company an "overweight" rating in a research report on Wednesday, June 18th. Evercore ISI set a $192.00 target price on shares of Vistra and gave the stock an "outperform" rating in a report on Thursday, May 15th. Finally, The Goldman Sachs Group raised their price target on shares of Vistra from $134.00 to $164.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Three investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $176.92.

Insider Buying and Selling at Vistra

In other news, Director Scott B. Helm sold 50,000 shares of the company's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $172.75, for a total transaction of $8,637,500.00. Following the completion of the sale, the director owned 255,192 shares of the company's stock, valued at $44,084,418. This represents a 16.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John R. Sult sold 25,000 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $171.67, for a total transaction of $4,291,750.00. Following the sale, the director directly owned 75,946 shares of the company's stock, valued at $13,037,649.82. The trade was a 24.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 294,000 shares of company stock worth $47,461,490. Corporate insiders own 1.42% of the company's stock.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.